PDF: |
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Author(s): |
Alekseeva P. Yu., Merzlikina G. S., |
Number of journal: |
3(44) |
Date: |
August 2018 |
Annotation: |
In this article the authors conducted a comparative analysis of various scientific definitions of the concept «economic stability » of the industrial enterprise. The authors specify the concept of «economic stability» with an emphasis on functional components. The main functional features of economic stability of the industrial enterprise are identified: production, financial, management, social, market, and on the basis of functional groups. The authors present a method of assessing the level of economic stability of an industrial enterprise, which involves assessment of the level of economic stability on two criteria: economic efficiency and economic potential of the company. The proposed method of assessing the level of economic stability of an industrial enterprise includes several stages among which are: 1) data collection, information about results of the industrial enterprise operation, the situation at the market, the results of the competing enterprise; 2) calculation of indicators of economic stability assessment, formation of a summary table of qualitative and quantitative characteristics of indicators; 3) comparison of quantitative and qualitative characteristics of indicators with the scale of compliance, which allows determining the level of economic sustainability assessment for each indicator; 4) carrying out an express assessment of economic stability in accordance with the tabulated form and construction of the matrix of areas of economic stability; 5) preparation of conclusion in the form of a detailed or summary report. The authors propose a tool for assessing the management of economic stability a matrix of areas of economic stability based on the analysis of the ratio of the final indicators of economic efficiency and economic potential with allocation of the name of each cell of the matrix. With the help of the given methodology for assessing economic stability, it is possible to determine the achieved level of economic stability of the enterprise, to assume the options of the «route» and to make an appropriate management decision. |
Keywords: |
economics, economic stability, economic stability
of industrial enterprise, method of assessing the level
of economic stability, assessment of the level of economic stability,
method of evaluation, management of economic stability,
functional features of economic stability, economic efficiency,
economic potential. |
For citation: |
Merzlikina G. S., Alekseeva P. Yu. Methodical support of assessment of economic sustainability of an industrial
enterprise // Business. Education. Law. 2018. No. 3 (44). P. 74–80. DOI: 10.25683/VOLBI.2018.44.351. |